Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Cash-to-Debt : 0.29 (As of Sep. 2023)

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What is Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.29.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt or its related term are showing as below:

IST:HKTM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.4 Max: 1.1
Current: 0.29

During the past 4 years, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's highest Cash to Debt Ratio was 1.10. The lowest was 0.16. And the median was 0.40.

IST:HKTM's Cash-to-Debt is ranked worse than
78.65% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs IST:HKTM: 0.29

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Cash-to-Debt Historical Data

The historical data trend for Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Cash-to-Debt Chart

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.26

0.16

0.39

0.77

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							1.10	0.77	0.54	0.58	0.29

Competitive Comparison of Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash-to-Debt falls into.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	73.662	/	(90.15	+	5.128)
	=	0.77

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	54.759	/	(177.629	+	12.797)
	=	0.29

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Cash-to-Debt Related Terms

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Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS (IST:HKTM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inonu Mah. Gebze Plastikciler OSB. Cumhuriyet Cd. No:31, Gebze, Kocaeli, Istanbul, TUR, 41400

Website

https://www.hktm.com.tr

Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS offers engineering solutions. It produces mechanical Automation, Robotics, and Hydromechanical Systems. Its product offerings comprise 3 Axis Glass Transfer System, Oscillation Hydraulic System and Cylinder, Upper Table Bonding Project, Application of Plasma Projects, Vacuum Pack Conveyor System, Carton Box Counting System, X-Ray Machine Servo Drive System, among others.

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